On 30 Jun, 2016, Alpha Corp issued 600,000 of 7%, 10 yr bonds at 98.5% its semiannual interest date. Alpha uses the straight-line method for amortization.
On 30 Jun, 2016, Alpha Corp issued 600,000 of 7%, 10 yr bonds at 98.5% its semiannual interest date. Alpha uses
the straight-line method for amortization. Use this information to determine the carrying value of this bound issue after adjusting entries have been made on June 30, 2018? Round to the nearest whole dollar.
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